Hazard Family Foundation
Hazard Family Foundation is a private foundation based in Boston, Massachusetts. Its 2024 filing reports 102 grants totaling $931,000, including support for organizations in Massachusetts, Rhode Island, New York, Illinois, and Maine.
Key facts about Hazard Family Foundation
In short: Hazard Family Foundation gave $931K across 102 grants in 2024 (avg $9K), mostly in Massachusetts. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 04-3338927
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $931,000
- Grants made (2024)
- 102
- Average grant
- $9,127
- Median grant
- $2,500
- New grantees (estimate)
- 25% first-time grantees (20 of 81, 2024)
- Total assets
- $15,403,548
- Primary geography
- Massachusetts (60% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.4M
+1.7% YoY
Annual Giving
$931K
+8.4% YoY
Grant Count
102
+8.5% YoY
Avg Grant Size
$9K
-0.1% YoY
Under IRS private-foundation payout rules, Hazard Family Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Is Hazard Family Foundation open to new grantees?
25%
first-time grantees, 2024
In 2024, 20 of 81 grantees (25%) were first-time recipients. First grants averaged $3K; repeat grants $14K. How we count
Medians: $3K first-time, $5K repeat.
- 73% of 2024 grantees were also funded in 2023. Method
- Giving grew 32% from 2021 to 2024. Method
- In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for schools, hospitals, youth-development organizations, services for homeless children, and an aquarium.
Grantee descriptions illustrate the range of organizations supported. Horizons for Homeless Children says its mission is to improve the lives of homeless children and their families through nurturing, early education, and play opportunities. Tenacity describes its work as youth and life-skill development. The New England Aquarium describes its work as public engagement and education, marine animal conservation, scientific research, and ocean advocacy. Perkins School for the Blind says it serves children and young adults with multiple disabilities, their families, educators, researchers, and professionals through education services, accessibility, professional development, and innovation.
Grantmaking
In 2024, the foundation reported 102 grants totaling $931,000. Grant amounts ranged from $500 to $75,000, with a median of $2,500. It reported 94 grants totaling $859,000 in 2023 and 80 grants totaling $717,500 in 2022.
Among the largest 2024 grants were $75,000 to Carroll School, $70,000 to Lahey Hospital & Medical Center, and $50,000 each to Day One, Horizons for Homeless Children, Massachusetts General Hospital, and Year Up Rhode Island. Other listed grants included $45,000 to Tenacity, $40,000 to Cure Alzheimer’s Fund, $30,000 each to Mother Caroline Academy Education Center and the New England Aquarium, and $25,000 to Perkins School for the Blind. The listed largest grants were designated unrestricted.
How to Apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with Hazard Family Foundation?
Geographic Focus
Where this funder awards grants
In 2024, Massachusetts recipients received 60% of grant dollars, Rhode Island recipients 20%, New York recipients 7%, Illinois recipients 6%, and Maine recipients 3%.
Grant Distribution by State
Share of 2024 grant dollars across all 102 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $700K (2020) to $931K (2024). In 2024 it made 102 grants totaling $931K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Carroll School ($75K). Together the top 10 received $543K.
Grant Size Distribution
427 grants across all recorded years
The most common grant size was under $50K: 406 grants of 427 (95%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carroll School Wayland, MA | Unrestricted | $75,000 |
| Lahey Hospital & Medical Center Burlington, MA | Unrestricted | $70,000 |
| Day One New York, NY | Unrestricted | $50,000 |
| Horizons for Homeless Children Roxbury, MA | Unrestricted | $50,000 |
| Massachusetts General Hospital Boston, MA | Unrestricted | $50,000 |
| Year up Rhode Island Providence, RI | Unrestricted | $50,000 |
| Tenacity Inc Boston, MA | Unrestricted | $45,000 |
| Cure Alzheimers Fund Wellesley Hills, MA | Unrestricted | $40,000 |
| Mother Caroline Academy Education Center Dorchester, MA | Unrestricted | $30,000 |
| New England Aquarium Boston, MA | Unrestricted | $30,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2024 | $15,403,548 | $1,392,523 | $1,131,420 | $931,000 | 102 |
| 2023 | $15,142,445 | -$128,171 | $1,047,108 | $859,000 | 94 |
| 2022 | $16,317,724 | $580,109 | $1,002,887 | $717,500 | 80 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,403,548 | $15,142,445 | $16,317,724 |
| Revenue | $1,392,523 | $-128,171 | $580,109 |
| Expenses | $1,131,420 | $1,047,108 | $1,002,887 |
| Qualifying Distributions | $931,000 | $859,000 | $717,544 |
| Net Investment Income | $1,198,821 | — | $414,383 |
| Distributable Amount | $1,106,603 | $1,023,879 | $883,238 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
C. Michael Hazard was listed as trustee, serving as needed, on the 2024 filing.
Hazard Family Foundation is led by C. Michael Hazard, Trustee - As Needed on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
C. Michael Hazard
Trustee - As Needed
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 23 Marlborough Street, Boston, MA 02116
Phone: (617) 262-1903
Frequently asked questions about Hazard Family Foundation
How much does Hazard Family Foundation give each year?
Hazard Family Foundation gave $931K across 102 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $859K across 94 grants.
What is Hazard Family Foundation's typical grant size?
Hazard Family Foundation's median grant in 2024 was $2,500, and its average grant was $9,127, across 102 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Hazard Family Foundation that year got $3K on average.
Where does Hazard Family Foundation give grants?
Hazard Family Foundation gives mostly in Massachusetts: 60% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Rhode Island (20%) and New York (7%). The most frequent recipient cities were Providence, RI (13 grants), Boston, MA (10 grants), Oak Park, IL (9 grants) and Buffalo, NY (5 grants).
Does Hazard Family Foundation give general operating support?
Yes: 100% of Hazard Family Foundation's 2024 grants with a stated purpose (102 of 102) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Hazard Family Foundation's largest grantees?
Hazard Family Foundation's largest 2024 grantees include Carroll School ($75,000), Lahey Hospital & Medical Center ($70,000) and Horizons for Homeless Children ($65,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 23% of its itemized 2024 grant dollars.
How large is Hazard Family Foundation?
Hazard Family Foundation reported $15.4M in total assets on its 2024 IRS Form 990-PF. It paid out $931K in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Hazard Family Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants include support for schools, hospitals, youth-development organizations, services for homeless children, and an aquarium. See mission & focus areas ↑
How do I apply for a grant from Hazard Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hazard Family Foundation's EIN?
Hazard Family Foundation's EIN (Employer Identification Number) is 04-3338927. IRS Form 990 filing data is available on this page for 2020–2024.
Does Hazard Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
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